According to one online organization working to eliminate junk mail, the average adult receives 41 pounds of junk mail each year—44% of it going to the landfill unopened. Sadly, much of it is from charities that are doing good in the world—all of them vying for our charitable donations.
Dear Mary: You recently wrote about paper shredders, which made me think about all the unwanted address labels my mother receives from charities. She has made a few donations other the years, and is now bombarded with unwanted mailing labels, cards, calendars, books, you name it. Some of the stuff you can give or throw away, but what do you do with all the labels? If you try shredding them, they jam up your shredder.
I’ve tried writing “Refused, Return to Sender” on the envelopes, but the post office refuses to send them back, ignoring my refusal. Any ideas on how can you get this type of mail stopped or getting rid of all the address labels? Peg
This is a Book Reivew by Jeff Tompkins, Jr. The opinions expressed herein are the reviewer’s own and meant only for informational purposes.
The Automatic Millionaire by David Bach
Reviewer: Jeff Tompkins, Jr.
Let’s face it, unless you’re a Marine, you’re probably not that crazy about the word “discipline.” It smacks of rules and constraints. Most of us just aren’t that keen to always do even those things that we know are good for us. Particularly in our financial lives. We know we should save more, spend less, invest smarter. We should be disciplined in these areas to achieve financial security. So how do we get disciplined? According to the The Automatic Millionaire, by David Bach, we automate .
Bach focuses first on the idea of paying ourselves first. By this he doesn’t mean setting aside a couple of twenty dollar bills under your mattress each payday. That would require discipline and the central theme of The Automatic Millionaire is that no one is disciplined enough to regularly save that way. Instead, Mr. Bach argues that the only way to get around our lack of discipline is to automate paying ourselves first, effectively taking our lack of discipline out of the equation.
Automating ones savings is becoming more and more prevalent in a tech-dominated world. It’s automatic, because once you set it up you don’t have to do a thing each month for it to continue putting funds into your 401k account or other savings vehicle. It’s the first money out so before you do any spending at all, you are saving.
Over the past year or so I’ve been hearing a lot about a new way to get dinner on the table. Every month or so another one of these meal kit delivery services would contact me to give it a try.
Seriously? Who in their right mind would trust seafood, meat and produce from some unknown assembly plant, piled onto a loading dock then moved into the back of an unrefrigerated FedEx truck for who knows how long and until some delivery guy leaves it on the porch?
The whole idea sounded ridiculously expensive, if not just plain gross. I didn’t need to test the obvious so I did what comes all too naturally for me: I jumped to conclusions. Turns out I was way off base and so wrong. Today I’m here to come clean and set the record straight.
Several weeks ago I casually mentioned the meal kit option for super busy households. I had just started testing one of these meal kit services. I determined that Home Chef is the least expensive and invited two other families to help me test. I set out to get a true, unbiased picture of how this works and what it’s all about. I needed honest, real-life feedback.
One of my testers was a young bachelor in California—a very picky eater with limited cooking skills. The other, a local family of four with two children ages 7 and 2.
Wedding season is in full bloom and while tying the knot is getting more expensive for the bride and groom, attending a wedding is becoming costlier, too. In fact, a survey from American Express reveals that it now costs on average $539 to attend a single celebration.
Gifts take a big bite out of every guest’s budget with average spending ranging from $75 to $175 per person, according to The Knot Registry Survey. Relieve the financial pressure by saving on the gift with these eight tips.
Compare prices on registry items. It’s wise to reference a registry to see what the couple wants, but it’s even smarter to compare prices among stores. Online retailers like Amazon and Overstock sell popular registry brands for less than most high-end stores.
Use discount gift cards. If you’re planning to give a gift card or you’re buying an item off a couple’s registry, save money by purchasing discount gift cards from GiftCardGranny.com. The site offers gift cards for less than face value, like a $100 Macy’s gift card for less than $80.
For more years than I like to admit, I’ve been collecting and disseminating timesaving and money-saving tips. Readers e-mail them to me, hand them to me on little scraps of paper and even send them in the mail. Some are hilarious, others downright weird. And the very best ones show up in this column.
I will admit that not all of my favorite tips could single-handedly turn a person’s financial situation from red to black. Or free up hours every day. Take the tip for sharpening scissors, which is right now in my personal top 10: Tear off a length of aluminum foil. Fold it in half three or four times to create multiple layers. Now cut several times through all those layers with your dull scissors. They’ll be sharp as a razor in no time at all.
My common sense told me such a tactic would make slightly dull scissors totally worthless. But I was wrong. This tip really works, and it works so well I offered up my good dressmaker’s shears to its power.
Face it. People are simply living longer than ever before and health care costs are climbing higher every year. Which brings me to the subject of long-term care. You might assume that’s just about nursing homes, but it refers to more than that. Long-term care means getting the assistance you need at home as well.
You could live to 100 and never need long-term care. You could end up needing assistance in daily living long before retirement, or you could fit somewhere in between. Maybe your knees go. Or your eyes. Or you become a little too forgetful. No one likes to think about it, but the human body is not built to live forever. You need to be informed and prepared.
Long-term care insurance usually covers the costs for care that aren’t picked up by regular health insurance or Medicare. If you need assistance to properly feed, clothe or bathe yourself, long-term care insurance could pay the bill, depending on the type and amount of coverage you buy. But because it’s expensive, long-term care insurance isn’t typically a product lower-income individuals are able to afford.
Let me break this to you gently: Valentine’s Day is next Tuesday. This is Friday. Get the picture?
Thankfully, there’s a big beautiful weekend between now and then—plenty of time to make a few of these fabulous treats and sweets!
Mini pies in a jar. Could there be a better gift for co-workers, neighbors, friends, teachers and any number of other people than a single-serving, mini pie in a small jar? I think not! I have detailed written detailed instructions including recipes here: The Perfect Small Gift: Pie in a Jar. It really is quite easy and the results are fabulous! I’ve been making these adorable single-serving pies for some time now, and it really is so much fun. Who can resist a small pie in a jar, right?
Grocery shopping is tricky anytime, but especially challenging when you’re on budget. On one hand, having everything you need in one place is convenient. But on the other hand, having so many options can sabotage every intention you have of sticking to your budget. Supermarkets are filled with everything you need and everything you don’t need, too.
Don’t expect a supermarket to help you avoid overspending. The place is specifically designed, decorated and arranged to encourage and increase impulse spending. They want you to spend more and they know how to persuade you to do it. With that in mind, consider these five ways to beat them at their own game:
Don’t go in hungry. You believe that you dash in to pick up the infamous few things. But if you’re starving, you’re a dead aim for a couple of steaks and a load of snacks. You know what I’m talking about. This is because of the first rule of grocery stores: Anything can happen when you are hungry.
Don’t try to remember. Without a list of the exact items you’ve come to purchase who knows what could happen? It’s normal for our brains to slip into neutral in the face of fabulous food. A written list is the crutch you need desperately to make sure you do not slip and fall, so to speak.